The U.S. has lifted sanctions against an anonymized cryptocurrency mixer linked to North Korean money laundering, an action blockchain professionals and privacy advocates have hailed as a major victory against government overreach.

The Treasury Department announced in a press release on Friday that it delisted the decentralized Tornado Cash in line with a review by President Donald Trump’s administration of financial sanctions involving evolving technologies.

The department added that it remains committed to enforcing existing sanctions against Pyongyang to curtail its efforts to fund its weapons of mass destruction and ballistic missile development and will continue monitoring transactions linked to